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In an article at his web site, Steve Briese makes an argument that
volume is a coincident indicator -- it has no value as a price
predictor. He goes on to say that volume is coincident to volatility,
and that open interest has more predictive value. This is covered in
his "Subscribers Guide", here's the link:
http://www.bullishreview.com/subguide.html
Brad Dingee
> charles meyer wrote:
>
> > Anybody else have anything relevent to post on
> > this subject?
> >
> > Charles
>
>
>
>
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